Property Detail

3622 Emerson ST

Oakland CA 94610

$995,000

Status: Active

Property Details

Description

Glenview Duplex – Strong Income Property with Competitive Returns Excellent investment opportunity in Oakland’s desirable Glenview neighborhood. This bright Craftsman duplex features a spacious front unit (4BD/2BA, ~1,800 sqft) with original details and charm, plus a rear 1BD/1BA unit rented at market rate. A detached garage offers additional storage or potential for ADU conversion. Both units have seperate washer/dryer. The property boasts a competitive GRM of 13.4 and a CAP rate of 5.5%, making it a compelling addition to any residential income portfolio. Recent upgrades throughout (including removal of knob-and-tube wiring) reduce future maintenance costs and increase long-term stability. With its location just a mile from Lake Merritt and Lakeshore’s retail district, plus immediate freeway access for commuters, this property is well-positioned to attract quality tenants. For floor plans - https://3622emerson.com/mls

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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